This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 2-bathroom apartment of 123 m² on the 1st floor, built in 1993, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features a fireplace in the spacious living room, adding warmth and ambiance, along with a versatile, well-lit closed balcony ideal for relaxation or leisure activities.
The valuation. The asking price is €320,000, slightly above the fair value of €318,278, resulting in a negligible difference of €1,722, or 0.5%. Verdict: fair.
Fair value modelled at €318,278 from 6 comparable sales in the area. Asking €320,000 sits €1,722 (0.5%) above — overpriced versus fair value.
Asking €320,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €320,239 (€2,604/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €320,239, adjusted for condition and micro-location, gives a modelled fair value of €318,278 (€2,588/m²), a €1,722 (0.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 875058 | Subject | €320,000 | €2,602 | — | 65 | 53 |
| Montijo e Afonsoeiro · 62708d | Active | €265,000 | €2,650 | 1.9% | 65 | 61 |
| rua Cidade da Horta | Active | €265,000 | €2,650 | 1.9% | 65 | 59 |
| rua Bento Gonçalves, 17 | Active | €435,000 | €1,510 | 41.9% | 70 | 71 |
| Montijo e Afonsoeiro · 19f433 | Active | €135,000 | €2,143 | 17.6% | — | 58 |
| Median comp | €265,000 | €2,397 | 7.9% | 65 | 60 |
Buy-and-hold This 3-bed apartment in Montijo e Afonsoeiro is currently listed at €320,000, which reflects a fair valuation with a gap of only 0.5% from the fair value of €318,278. Investing now can provide stable, albeit modest, long-term capital appreciation given the regional economic patterns and proximity to Setúbal's amenities. Long-term rental With a gross yield of 3.3%, this property offers a reasonable return for long-term rental applications despite the average neighborhood rating of 53/100. The blend of decent tenant quality and accessible amenities makes it a viable option for sustained rental income in a balanced market. Family rental The apartment's three bedrooms cater well to families seeking stable housing, although the overall condition rating of 63/100 suggests room for improvement. Given the fair valuation in relation to market standards, it functions well as a family rental in a region with economic activity driven by the proximity to Setúbal, appealing to a demographic in need of residential stability.
Economic Vulnerability With an economic stability score of 45/100, the property faces a heightened risk of economic downturns impacting rental income and property value.
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